Why is Jindal Leasefin falling/rising?

As of 24-Jul, Jindal Leasefin Ltd is experiencing a decline in its stock price, currently at Rs 39.26, which represents a decrease of Rs 1.24 or 3.06%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total return of -9.79% over the past week. Additionally, the stock opened with a loss of 3.7% today and reached an intraday low of Rs 39. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. While there has been a significant increase in delivery volume, rising by 1381.03% against the 5-day average, this has not been enough to counteract the overall downward movement. In the broader market context, Jindal Leasefin's recent performance contrasts sharply with the Sensex, which has only declined by 0.09% over the past week. The stock's year-to-date performance shows a decline of 9.23%, while the Sensex has gained 5.18% in the same period. This underperformance relative to the benchmark suggests that investor sentiment towards Jindal Leasefin is weak, contributing to its falling stock price. The lack of available positive factors further emphasizes the challenges the company faces in regaining investor confidence amidst a generally stable market environment.